NOT LISTED FOR SALE

1171 Valparaiso Ave Menlo Park, CA 94025

Central Menlo Park Neighborhood

Estimated Value: $7,573,000 - $12,951,755

4 Beds
3.5 Baths
4,000 Sq Ft
$2,519/Sq Ft Est. Value

Last Sold July 26, 2018

Last sale price $4,650,000 $1,162 Per Sq Ft

Est. 117% increase in value since last sale

Current estimated payment $59,875/month

41 Days on Market

Highlights

  • Heated Pool and Spa
  • Primary Bedroom Suite
  • Fireplace in Primary Bedroom
  • Oak Knoll Elementary School Rated A
  • 0.55 Acre Lot
  • Deck

About This Home

As of July 2018

**Country living in downtown Menlo Park!!!** One of a kind downtown Menlo Park gated estate property with guest house (for 5th bedroom). Huge 1/2-acre+ (.554-acre) lot that is very deep (255'), shared well for irrigation, 4bd 3.5ba main house, a rare guest suite/guest house with kitchen and full bathroom, sparkling pool with gorgeous brick patio & built in BBQ area, back lawn with tree-house and swings set in a small redwood grove, separate office above 1-car garage and 2-car garage in rear of property. Flexible floor-plan allows for huge downstairs bedroom to used as a family room. The entire home has been remodeled, rebuilt or added on to in the past few decades. There are a total of 4-fireplaces: 1-LR, 1-Kitchen, 1-MBR (all wood-burning) & 1-gas in office above garage. This property feeds to west Menlo Park schools and is opposite SHP and Menlo School. Only blocks from downtown Menlo Park shops and restaurants and the Circus Club. This property is a 10!

Last Agent to Sell the Property

Sean Foley

Coldwell Banker Realty License #00870112 Listed on: 06/07/2018

Coldwell Banker Realty

Last Buyer's Agent

Josh Rubin

Kerwin & Associates License #01995038

Kerwin & Associates

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $82,531

Year Built

  • Built in 1902

Lot Details

  • 0.55 Acre Lot
  • Gated Home
  • Chain Link Fence
  • Level Lot
  • Sprinklers on Timer
  • Back Yard
  • Zoning described as REOOOO

Parking

  • 3 Car Garage
  • Electric Gate
  • Guest Parking
  • On-Street Parking

Home Design

  • Combination Foundation
  • Wood Frame Construction
  • Wood Shingle Roof
  • Composition Roof
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 4,000 Sq Ft Home
  • Wet Bar
  • Beamed Ceilings
  • Vaulted Ceiling
  • Wood Burning Fireplace
  • Gas Fireplace
  • Garden Windows
  • Great Room
  • Living Room with Fireplace
  • 4 Fireplaces
  • Combination Dining and Living Room
  • Breakfast Room
  • Den
  • Attic

Kitchen

  • Built-In Double Oven
  • Gas Cooktop
  • Dishwasher
  • Kitchen Island
  • Stone Countertops

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Double Master Bedroom
  • Walk-In Closet
  • Bathroom on Main Level
  • Dual Sinks
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Laundry Tub

Pool

  • Heated Pool and Spa
  • Heated In Ground Pool
  • Gunite Pool
  • Pool Cover

Outdoor Features

  • Balcony
  • Deck
  • Barbecue Area

Additional Homes

  • Dwelling with Separate Living Area

Utilities

  • Forced Air Heating System
  • Shared Well
  • Cable TV Available

Community Details

  • Courtyard

Listing and Financial Details

  • Assessor Parcel Number 071-063-250

Home Details

Home Type

Single Family

Est. Annual Taxes

$82,531

Year Built

Built in 1902

Lot Details

0

Parking

3

Listing Details

  • Subclass: Single Family Home
  • Listing Class: Residential
  • Structure Sq Ft: 4000
  • Year Built: 1902
  • Zoning Description: REOOOO
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace: Gas Burning, Living Room, Primary Bedroom, Wood Burning
  • Dining Room: Breakfast Room, Dining Area, Dining Area in Living Room
  • Kitchen: Cooktop - Gas, Countertop - Stone, Dishwasher, Island with Sink, Oven - Built-In, Oven - Double, Pantry, Refrigerator
  • Living Sq Ft: 4000
  • Bedrooms: Ground Floor Bedroom, Primary Suite / Retreat, More than One Primary Bedroom, Walk-in Closet
  • Laundry: Inside, Tub / Sink
  • Flooring: Carpet, Hardwood, Tile, Vinyl / Linoleum
  • Additional Rooms: Attic, Den / Study / Office, Great Room, Laundry Room, Office Area, Separate Living Unit
  • Fireplaces Min: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Bathroom: Double Sinks, Full on Ground Floor, Half on Ground Floor, Showers over Tubs - 2+
  • Fireplace: Yes

Exterior Features

  • Foundation: Combination, Concrete Perimeter and Slab
  • Pool Description: Pool - Cover, Pool - Gunite, Pool - Heated, Pool - In Ground, Pool / Spa Combo
  • Roof: Composition, Wood Shakes / Shingles
  • Yard/Grounds: Back Yard, Balcony / Patio, BBQ Area, Courtyard, Deck, Fenced, Sprinklers - Auto, Sprinklers - Lawn
  • Pool: Yes
  • Fencing: Chain Link, Gate, Mixed Height / Type
  • Construction Type: Stucco, Wood Frame

Garage/Parking

  • Garage Spaces: 3
  • Parking Spaces: 4
  • Garage Parking Features: Electric Gate, Guest / Visitor Parking, On Street

Utilities

  • Heating System: Central Forced Air
  • Sewer/Septic System: Sewer - Public

Association/Amenities

  • Amenities Miscellaneous: Floor Drain, Garden Window, High Ceiling, Open Beam Ceiling, Vaulted Ceiling, Wet Bar

Schools

  • High School: 658

Lot Info

  • Lot Description: Grade - Level
  • Parcel Number: 071-063-250
  • Lot Acres: 0.5546
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 24158.38
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 24158.38

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Sequoia Union High
  • Elementary School Text: Oak Knoll Elementary
  • High School Text: Menlo-Atherton High
  • Middle School Text: Hillview Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 1, 2019
Sold by
1171 Valparaiso Avenue Llc
Bought by
Novak Kevin and Gilula Hannah
Current Estimated Value
$10,075,252

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,480,000
Outstanding Balance
$5,668,852
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$4,406,400

Purchase Details

Closed on
Jan 29, 2019
Sold by
Novak Kevin and Gilula Hannah
Bought by
1171 Valparaiso Avenue Llc

Purchase Details

Listed on
Jun 7, 2018
Closed on
Jul 20, 2018
Sold by
Kixmiller David B and Klixmiller Wendy R
Bought by
Novak Kevin and Gilula Hannah
Seller's Agent
Sean Foley
Coldwell Banker Realty
Buyer's Agent
Josh Rubin
Kerwin & Associates
List Price
$4,948,000
Sold Price
$4,650,000
Premium/Discount to List
-$298,000
-6.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.17%

Purchase Details

Closed on
Nov 16, 2002
Sold by
Kixmiller David B and Kixmiller Wendy R
Bought by
Kixmiller David B and Kixmiller Wendy R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$905,500
Interest Rate
3.37%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Nov 14, 2002
Sold by
Kixmiller David B and Kixmiller Wendy R
Bought by
Kixmiller David B and Kixmiller Wendy R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$905,500
Interest Rate
3.37%
Mortgage Type
Stand Alone First
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Novak Kevin -- California Title Company
1171 Valparaiso Avenue Llc -- None Available
Novak Kevin $4,650,000 Lawyers Title Co
Kixmiller David B -- Chicago Title Insurance Comp
Kixmiller David B -- --
Kixmiller David B -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Novak Kevin $6,480,000
Previous Owner Kixmiller David B $905,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/26/2018 07/26/18 Sold $4,650,000 0.0% $1,163 / Sq Ft
07/19/2018 07/19/18 Pending -- -- --
06/29/2018 06/29/18 Off Market $4,650,000 -- --
06/07/2018 06/07/18 For Sale $4,948,000 -- $1,237 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $82,531 $7,448,747 $2,788,796 $4,659,951
2023 $82,531 $7,159,504 $2,680,504 $4,479,000
2022 $73,315 $6,501,946 $2,627,946 $3,874,000
2021 $58,734 $5,148,418 $2,576,418 $2,572,000
2020 $44,397 $3,813,000 $2,550,000 $1,263,000
2019 $53,882 $4,650,000 $2,500,000 $2,150,000
2018 $8,795 $589,370 $228,920 $360,450
2017 $8,611 $577,815 $224,432 $353,383
2016 $8,251 $566,486 $220,032 $346,454
2015 $8,125 $557,977 $216,727 $341,250
2014 $7,936 $547,048 $212,482 $334,566
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2018

    Sean Foley

    Coldwell Banker Realty

    Section Image

  • J

    Buyer's Agent in 2018

    Josh Rubin

    Kerwin & Associates

    Section Image
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Map

Source: MLSListings

MLS Number: ML81709045

MLSListings

APN: 071-063-250

California San Mateo County Menlo Park 94025 Central Menlo Park

1171 Valparaiso Ave, Menlo Park, CA

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